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Car Forum / Alfa Romeo Cars / March 2007Would you?
New company car time coming around so not my depreciation Saw this 166 3.2 V6 24V Lusso, new at £21000.00 http://www.veloces.co.uk/reg/DRCCWWFK > New company car time coming around so not my depreciation > > Saw this 166 3.2 V6 24V Lusso, new at £21000.00 > > http://www.veloces.co.uk/reg/DRCCWWFK Though it is your tax bill and you will pay tax at the top whack of 35% on the retail price not the discounted price of the car... > > New company car time coming around so not my depreciation > > [quoted text clipped - 4 lines] > Though it is your tax bill and you will pay tax at the top whack of 35% > on the retail price not the discounted price of the car... Not if he's opted out and taken the cash option. Although, technically, that would mean it wasn't a company car and I would worry about depreciation. If it *is* a company car, the tax bill on that would be rather steep - the emissions will be horrendous.  SignatureSteveH 'You're not a real petrolhead unless you've owned an Alfa Romeo' www.italiancar.co.uk - Honda VFR800 - Hongdou GY200 - Alfa 75 TSpark Alfa 156 TSpark - B6 Passat 2.0TDI SE - COSOC KOTL BOTAFOT #87 - BOTAFOF #18 - MRO # - UKRMSBC #7 - Apostle #2 - YTC # >>> New company car time coming around so not my depreciation >>> >>> Saw this 166 3.2 V6 24V Lusso, new at £21000.00 >>> >>> http://www.veloces.co.uk/reg/DRCCWWFK >> Though it is your tax bill and you will pay tax at the top whack of 35% >> on the retail price not the discounted price of the car... [quoted text clipped - 3 lines] > Although, technically, that would mean it wasn't a company car and I > would worry about depreciation. If he opts out then the depreciation is indeed all his... > If it *is* a company car, the tax bill on that would be rather steep - > the emissions will be horrendous. |
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